Thesis Title:	Essays on Credit Risk
Thesis Advisor:	Prof. Alexander Wagner
Year of Graduation:	2011

Swiss Institute of Banking and Finance, University of St. Gallen

Primary fields: Credit risk, Derivative markets, Corporate finance
Secondary fields: Banking, Financial intermediation, Financial regulation

• Marc Arnold, Alexander F. Wagner, Ramona Westermann: Growth Options, Macroeconomic Conditions and the Cross-Section of Credit Risk, 2013, Swiss Finance Institute Research Paper No. 10-19
• Marc Arnold: The Impact of Centrally Cleared Credit Risk Transfer on Banks' Lending Discipline, 2013, SSRN
• Marc Arnold: The Impact of Managerial Cash Use to Defer Default on Corporate Financial Policies, 2013, SSRN
• Marc Arnold, Dirk Hackbarth and Tatjana Xenia Puhan: Financing Asset Sales and Business Cycles, 2013, Swiss Finance Institute Research Paper No. 14-11

• Marc Arnold: Managerial cash use, default, and corporate financial policies, Vol 27, Pages 305–325, 2014, Journal of Corporate Finance
• Marc Arnold, Alexander F. Wagner, Ramona Westermann: Growth Options, Macroeconomic Conditions and the Cross-Section of Credit Risk, 2013, Journal of Financial Economics